Allen & Overy (A&O) and Slaughter and May have won the leading roles on the proposed $1.6bn (£961m) sale of two Indian hydro-power plants to a group led by Abu Dhabi National Energy Company (TAQA).

The energy company, which is majority-owned by the Abu Dhabi government, is set to acquire a 51% stake in the Baspa Stage II and Karcham Wangtoo plants in the northern state of Himachal Pradesh from Jaiprakash Power Ventures.